If each contract is worth $5000 but it costs $300 per week to work on a contract, what is the profit resulting from a simulation drawing of the numbers 72, 36, 8, 71, and 94 to represent contract durations?
What will be an ideal response?
Answer: The total expenses are $7200 and the total revenue is 5 × $5000, for a profit of $17,800.
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